Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/222747 
Authors: 
Year of Publication: 
2019
Series/Report no.: 
ADBI Working Paper Series No. 980
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
Developing countries in Asia face a variety of environmental challenges. Although environmental economics grew mostly out of the experience of developed countries, decades of environmental economics research offer important and useful lessons for environmental regulation in developing countries in Asia. We synthesize the theoretical and empirical literature on environmental regulation and highlight important insights on formal regulation such as taxes, standards, and tradable permits, as well as on informal regulation such as information and voluntary approaches. We also discuss directions for future research.
Subjects: 
pollution tax
tradable emission permits
command-and-control policies
Coase bargaining
informal regulation
imperfect enforcement
JEL: 
Q58
O13
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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